Friday, September 26, 2008

Ebay Creates 30 day Fixed Price listings for 35 cents (sometimes less)..


Recently Ebay has made some substantial changes to its fee system. Now sellers can list items in fixed price format for 35 cents and the listings stay up for 30 days. This represents a significant up front listing discount (insertion fee discount) especially on higher priced items.


Ebay is using its "Best Match" technology to sort items in searches. So far, we have determined that the following things are important in getting good placement.


1- Having a listing that has sold before and continues to sell . This is the "self fulfilling prophecy" secret as they will promote what is selling.


2- Having "FREE SHIPPING" on your item (if possible) . Ebay seems to also be promoting this in search.


3- Having a multiple quantity in your listing (more than 1 to sell). I currently have a listing of 10 items which has sold 6 in its first week on FP 30 format! Ill see If I can pull up the yoyo picture for you (that is the item).


While it remains to be seen how this new format works out over the coming months, there are even more breaks when it comes to media items like books , cds etc. They have a new rate of 15 cents but a special sale rate of 5 cents per 30 days.


I strongly recommend trying out this new format as more changes will come in January from what people are speculating and Ebay stores might wind up being a discount plan for this format of listings .